Beauty Express Salons & Stores 401(k) and pension plans

Beauty Express Salons & Stores, Inc., Golden Valley, MN. EIN 27-3530302. Annual reports 2009–2023. Also filed as Premier Salons, Inc.; Beauty Express Salons & Stores.

Beauty Express Salons & Stores, Inc. has no active retirement plan on file. Its last annual report was for 2023. One of its pension plans was taken over by the PBGC.

Active plans: 0
Plans on file: 2
Industry: Other services

All 2 plans

Active plans first

Beauty Express Salons & Stores 401(k) Profit Sharing Plan and Trust

401(k)Closed

Closed. The plan filed its final annual report for 2023, which means its assets were paid out or moved and it no longer exists.

Plan number: 001Employer EIN 27-3530302
Participants (2022): 295
Net assets (2022): $8.9 million
Recordkeeper: John HancockEarlier: Paychex (2015), Wells Fargo (2009–2014)
Plan administrator: Beauty Express Salons & Stores, Inc.
8357 10TH Ave. North
Golden Valley, MN 55427
(763) 252-6290As filed for 2023
In effect since: August 26, 2014

Earlier sponsor: Premier Salons, Inc. (2009–2014).

Earlier plan names: Premier Salons, Inc. 401(k) Retirement Plan; Premier Salons 401(k) Retirement Plan; Premier Salons, Inc.; Beauty Express Salons & Stores 401(k) Profit Sharing Plan & Trust.

Year by year, 2009 to 2023

Plan year	Participants	Net assets	Recordkeeper
2023	0	$0	John Hancock
2022	295	$8.9 million	John Hancock
2021	366	$11.3 million	John Hancock
2020	355	$10.6 million	John Hancock
2019	442	$11.3 million	John Hancock
2018	564	$11.7 million	John Hancock
2017	804	$14.4 million	John Hancock
2016	1,118	$14.1 million	John Hancock
2015	1,388	$14.4 million	Paychex
2014	0	$0	Wells Fargo
2013	2,735	$16.3 million	Wells Fargo
2012	3,224	$16.2 million	Wells Fargo
2011	4,206	$16.4 million	Wells Fargo
2010	8,664	$17.0 million	Wells Fargo
2009	8,490	$14.7 million	Wells Fargo

Premier Salons, Inc. Pension Plan

Pension (defined benefit)Taken over by the PBGC

Taken over by the Pension Benefit Guaranty Corporation on July 23, 2015, after the plan ended on June 30, 2015. The PBGC now pays the plan's benefits, up to legal limits (PBGC case 22684700).

Plan number: 005Employer EIN 41-2007052
Participants when it ended: 371
Who pays it now: Pension Benefit Guaranty Corporation
1-800-400-7242PBGC Customer Contact Center

If you had money in one of these plans

If your plan closed, unclaimed balances usually went to an IRA in your name, to the PBGC's missing participants program, or to state unclaimed property. Here is how to check each one.
For a pension the PBGC took over, call the PBGC at 1-800-400-7242 or search its unclaimed pensions. Have the plan name and your Social Security number ready.
Still stuck? The Department of Labor's benefits advisers help for free: askebsa.dol.gov or 1-866-444-3272. Never pay anyone to find your own money.

What these numbers are

They come from the Form 5500 annual reports each plan files with the Department of Labor, as the plan filed them. A plan year is usually a calendar year.
Participants counts everyone in the plan at year end: current employees, former employees who still have a balance or a pension coming, and retirees or beneficiaries being paid.
The recordkeeper is the service provider whose Schedule C entry says it keeps the plan's records. Small plans do not file Schedule C, so some plans show none.
We cannot see anyone's account. Only the plan or its recordkeeper can tell you your balance.

Sources: U.S. Department of Labor, Form 5500 datasets and PBGC trusteed plans. How we read them.

All 2 plans

Beauty Express Salons & Stores 401(k) Profit Sharing Plan and Trust

Premier Salons, Inc. Pension Plan

If you had money in one of these plans

What these numbers are

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